PENDLE is trading near 2.45 after a sharp bounce off the 2.30 support zone, and the recent volume surge is pulling it into a bearish swing. The 4‑hour chart now shows a broken lower high, hinting at further downside.
🔴 $PENDLE SHORT 📉
Entry → $2.1237-$2.1279
Stop → $2.1896 (-3.0%)
TP1 → $2.0939 (+1.5%)
TP2 → $2.0195 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure break on the 4‑hour frame gave us a CHoCH, while the CVD turned negative confirming selling pressure. A fresh fair‑value gap sits right above the broken low, overlapping an order block that acted as a liquidity sweep, creating a strong POI.
A 3.0% stop on a 2.45 entry is about 0.074 price points, which at 5× leverage would risk roughly 15% of your account, so keep leverage modest at 3‑4× to keep the stop relatively tight.
Take half profit at the first target around 2.65 to lock in gains before the next swing.
As always: manage your risk, this is not financial advice 🙏
$PENDLE #PENDLEUSDT #CPIWatch #TradingSignals #Write2Earn
🔴 $PENDLE SHORT 📉
Entry → $2.1237-$2.1279
Stop → $2.1896 (-3.0%)
TP1 → $2.0939 (+1.5%)
TP2 → $2.0195 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure break on the 4‑hour frame gave us a CHoCH, while the CVD turned negative confirming selling pressure. A fresh fair‑value gap sits right above the broken low, overlapping an order block that acted as a liquidity sweep, creating a strong POI.
A 3.0% stop on a 2.45 entry is about 0.074 price points, which at 5× leverage would risk roughly 15% of your account, so keep leverage modest at 3‑4× to keep the stop relatively tight.
Take half profit at the first target around 2.65 to lock in gains before the next swing.
As always: manage your risk, this is not financial advice 🙏
$PENDLE #PENDLEUSDT #CPIWatch #TradingSignals #Write2Earn